Truxapp introduces Uber/Fiverr hybrid platform to UAE logistics
Truxapp is an innovative, proprietary technology, but it isn’t disruptive to the commercial vehicle sector in the region, it’s a stabilising force, says Abhinav Chaudhary, COO, Truxapp.
Speaking to Logistics Middle East about the trucking app, Chaudhary says that the platform provides stability to both clients and commercial vehicle owners.
“This technology is referred to as disruptive, but it isn’t actually disrupting the market, the technology is stabilising the market,” he says. What this means is that it acts as a single point of contact for customers looking for the lowest possible rates, while also ensuring supply of services through peaks and troughs in the market.”
“For the truck owners, we give them the highest uptime for their fleet,” he adds.
“Truxapp is basically a commercial vehicle aggregator, similar to what Uber or Careem do for taxis,” adds Naseer Ahmed, founder & CEO, Truxapp. “So we work with commercial vehicle owners on the open market, it could be single vehicle owners, or large fleet operators, and we list them on our technology platform.”
Truxapp currently has more than 25,000 commercial vehicles listed in the UAE, and is projecting revenues of US $1-billion by the 2020s, with 40% expected to come from the GCC.
“The client uses the app to search for a truck operator or commercial vehicle based on their criteria and the app then gives them a number of options. You could say that it’s a mix of a Fiverr or an Uber for trucking,” says Ahmed.
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